There are expectations that Bitcoin’s dominance will decrease in the future, which may give altcoins a chance to rise. These expectations are based on several factors:
1. **Market seasonality**: Bitcoin usually faces pressure during certain periods of the year, such as summer, which may lead to a decrease in its dominance and an increase in the share of altcoins.
2. **Technical and regulatory developments**: With the imminent launch of exchange-traded funds (ETFs) for other currencies such as Ethereum, some investments may shift to these altcoins, reducing Bitcoin’s dominance.
3. **Investor behavior**: Investors’ strategies may change, as they may move towards altcoins in search of greater profits, especially if they believe that Bitcoin has reached its fair value.
However, it should be noted that Bitcoin maintains a strong position in the market, and its percentage is expected to remain relatively high even if interest in alternative currencies increases [[❞]](https://news.abplive.com/business/crypto/crypto-price-today-august-14-check-global-market-cap-bitcoin-btc-ethereum-doge-solana-litecoin-rune-sui-live-tv-1710126) [[❞]](https://www.cryptoglobe.com/latest/2024/07/bitcoin-dominance-set-to-surge-analyst-predicts-major-market-shift/).